NKLA - Nikola gains after updating on truck production SEC talks

Nikola (NASDAQ:NKLA) says validation of the Nikola Tre BEV is progressing with trucks now being test driven on public roads. Footage of the Nikola Tre FCV is available for viewing. The zero emission vehicle maker plans says it has begun to build pre-series trucks in Coolidge, Arizona and continue to work "steadfastly" towards a commitment to deliver up to 25 trucks to dealers and customers by December. "The trucks will haul customer loads, gain real-world mileage accumulation, and in turn we expect to secure additional orders for 2022 volume and beyond," notes the company. Nikola's (NKLA) Q3 adjusted EBITDA loss of $87.4M was better than the $101.4M loss anticipated by analysts. Nikola (NKLA) also says it is engaged with the SEC on resolving the ongoing probe and will look to get reimbursement from founder Trevor Milton. Shares of Nikola (NKLA) are up 4.56% premarket to $13.29. The relative strength index

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Nikola gains after updating on truck production, SEC talks